Breedon Group plc (BRDNF) Q4 2025 Earnings Call Transcript

SA Transcripts158.92K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Breedon Group plc (BRDNF) Q4 2025 Earnings Call March 11, 2026 4:30 AM EDT Company Participants Louise Turner-Smith - Head of Investor RelationsRob Wood - CEO & Executive DirectorJames Brotherton - CFO & Executive Director Conference Call Participants Aynsley Lammin - Investec Bank plc, Research DivisionChristen Hjorth - Deutsche Bank AG, Research DivisionCedar Ekblom - Morgan Stanley, Research DivisionKenneth Rumph - Goodbody Stockbrokers UC, Research DivisionClyde Lewis - Peel Hunt LLP, Research DivisionBruce Hubbard - Lancaster Investment Management LLP Presentation Louise Turner-SmithHead of Investor Relations Good morning, everybody. Thank you very much for taking the time to come and listen to Breedon's Annual Results 2025. We appreciate it's a very busy morning for all of us today. So in true Breedon style, we're going to keep this concise. We ask you all to stick to 2 questions only, if possible. And also, I'd like to introduce our Breedon Ireland CEO, Declan Carr. Declan, just put your hand up, hiding at the back. Please take an opportunity to say hello to Declan while you have the chance. I will be handing over to Rob and James to take you through the results. Thank you very much. Rob WoodCEO & Executive Director Good morning, everybody. And welcome to Breedon's 2025 Results presentation. James and I will guide you through our presentation and then open things up for questions. I'm pleased to report that in a testing year, Breedon has proved again the strength of our model and the quality of our people. Across all 3 of our geographies in markets that gave us very little by way of tailwind, the team delivered again. In GB, concrete volumes fell to levels not seen since 1963. In Ireland, 2 major infrastructure projects were deferred. And in the U.S., extreme weather in the first half impacted our business. None of this was within our control. What was